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Harris
Harris, Family Law Expert
Category: Family Law
Satisfied Customers: 2848
Experience:  Family Law - Specialist in Divorce, Financial Relief and Children Matters
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How can I protect the house from divorce?

Resolved Question:

how can I protect the house from divorce?
Submitted: 1 year ago.
Category: Family Law
Expert:  Harris replied 1 year ago.

Hi, thank you for your question. Just a bit more information required to fully assist you:
-How old are you both?
-How long have you been married?
-Do you have any children together, if so their ages and proposed arrangements?
-What assets and pensions do you both have (both sole and joint), together with values?
-What are your respective incomes?

Customer: replied 1 year ago.
its actually for my brother he is 35 and she is 30
married 8years roughly
1 child of 3years
just the house with a mortgage for 25years no pension
approx 2500-3000 per month she not working
Expert:  Harris replied 1 year ago.

What is the value of thr home and outstanding mortgage? Who will the child live with and what will the arrangements be?

Customer: replied 1 year ago.
current value or the price purchase?
child is living with the mother with her parents... i dont know what the arrangement as this is all new to me
Expert:  Harris replied 1 year ago.

Current value and outstanding mortgage please

Customer: replied 1 year ago.
I think it is around 340k roughly i think
Expert:  Harris replied 1 year ago.

How much mortgage is outstanding?

Customer: replied 1 year ago.
150k i think
Expert:  Harris replied 1 year ago.

Thanks for confirming. Given the long marriage and 1 child arising out of the marriage, you will both have strong grounds to apply for financial relief from each other. However, given that you are the breadwinner and asset holder, she would be the one that would be able to do this.

Arising out of the marriage she would be entitled to seek financial relief to meet her and the child's reasonable needs - this will be in relation to assets (the home) and in relation to spousal maintenance given that she earns no income. She would also be entitled to seek child maintenance from you which will be based on your gross income and how often on average your child stays overnight with you.

Her right to seek financial relief cannot be prevented and if she sought this all assets from both of you, as well as income, must be disclosed.

The Court's starting point is a 50-50 split of all matrimonial assets and ensuring that both your needs are met in relation to both assets and income. For your information the criteria considered by the court in these matters is:

1. The income, earning capacity, property and other financial resources which each of the parties to the marriage has or is likely to have in the foreseeable future, including in the case of earning capacity any increase in that capacity which it would in the opinion of the court be reasonable to expect a party to the marriage to take steps to acquire;
2. The financial needs, obligations and responsibilities which each of the parties to the marriage has or is likely to have in the foreseeable future;
3. The standard of living enjoyed by the family before the breakdown of the marriage;
4. The age of each party to the marriage and the duration of the marriage;
5. Any physical or mental disability of either of the parties to the marriage;
6. The contributions which each of the parties has made or is likely in the foreseeable future to make to the welfare of the family, including any contribution by looking after the home or caring for the family;
7. The conduct of each of the parties, if that conduct is such that it would in the opinion of the court be inequitable to disregard it;
8. In the case of proceedings for divorce or nullity of marriage, the value to each of the parties to the marriage of any benefit which, by reason of the dissolution or annulment of the marriage, that party will lose the chance of acquiring.

If you have any further questions regarding this please let me know. In the meantime if you found this information helpful please provide a positive rating using the stars at the top of this page. I will not be credited for answering your question without a positive rating. Thank you

Expert:  Harris replied 1 year ago.

Hi, this question remains open. If you found my information provided helpful please could you rate my response positively using the stars at the top of this page as I will not be credited for my response without a positive rating.

Harris and other Family Law Specialists are ready to help you
Customer: replied 1 year ago.
for the information given good would like more information as the other party games in stressing my birthday out and making him ill